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Pine Tree Acquisition Corp.
Pine Tree Acquisition Corp. announced that starting on or about October 23, 2026, holders of its units (PAXGU) may elect to separately trade the underlying Class A ordinary shares (PAXG) and rights (PAXGR). Holders must contact their brokers to coordinate with the transfer agent, Continental Stock Transfer & Trust Company, to separate their units, while units not separated will continue to trade under the symbol PAXGU.…more
Pine Tree Acquisition Corp.
Pine Tree Acquisition Corp. completed the sale of 600,000 units at $10.00 per unit through the partial exercise of an over-allotment option from its IPO, raising gross proceeds of $6,000,000. A total of $106,000,000 from the IPO and private placement has been deposited into a trust account. Each unit consists of one Class A ordinary share and one right entitling the holder to receive three-fourths of a share upon the completion of an initial business combination.…more
Pine Tree Acquisition Corp.
Pine Tree Acquisition Corp. completed its initial public offering (IPO) of 10 million units on October 7, 2026, raising $100 million in gross proceeds. Each unit consists of one Class A ordinary share and one right entitling the holder to receive 0.75 of a Class A ordinary share upon the completion of an initial business combination. The company also closed a simultaneous private placement of $1.4 million, with all proceeds deposited into a trust account for future business combinations.…more
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Pine Tree Acquisition to Separate Trading of Shares and Rights on Oct 23…more
Pine Tree Acquisition announced that its shares and rights will begin trading separately under the tickers PAXG and PAXGR on or about October 23. This is a standard procedure for SPACs and does not imply a material change in company valuation.…more